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Bankruptcy

: The Debt Podcast

What is Bankruptcy Credit Counseling?

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Credit counseling is a requirement that must be fulfilled before an individual debtor is permitted to file a bankruptcy.  The statute, passed by Congress in 2005 and made a part of the bankruptcy code as 11 USC §109(h)(1), reads in relevant part as follows: ?an individual may not be a debtor under this title unless such [...]

Full post as published by The Debt Podcast on February 08, 2010 (boomark / email).

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